Condo Investment Properties for Sale in Coventry, CT
$ 385,000
ROI
22.2
Cash Flow/m
265- 3 Bed
- 4 Bath
- 1810 sft
94 Stonehouse Road #13, Coventry, CT, 06238
$ 309,000
ROI
24.4Cash Flow/m
402- 2 Bed
- 4 Bath
- 1952 sft
28 Armstrong Road #A5, Coventry, CT, 06238
$ 229,000
ROI
23.5Cash Flow/m
236- 2 Bed
- 2 Bath
- 1630 sft
745 Merrow Road #107, Coventry, CT, 06238
$ 439,000
ROI
26.1Cash Flow/m
780- 2 Bed
- 2 Bath
- 1837 sft
6 Flanders Woods Lane #6, Coventry, CT, 06238
Why Invest in Coventry, Connecticut?
Investing in Coventry, CT, particularly in condos, offers a unique opportunity to capitalize on the growing demand for affordable housing options in the region. With an average rental yield of 6.5% and a cap rate of 5.2%, the potential for excellent returns is supported by a stable workforce and steady appreciation in property values over the years.
8%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Coventry is approximately $1,800 per month, making it an attractive option for renters seeking affordability.
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